Menands Real Estate Market Sees Sales Numbers Rise

The Menands market showed strong improvement this week as sales rose 100.0% to reach four homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, close-by Albany registered 70 homes sold in the same time frame, the most of all surrounding cities. The median sales price in Menands stayed flat at $173,950 while months of inventory plummeted to four.

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Demographic facts for Menands:

  • The average age of houses in this area is 45 years old.
  • The average snowfall is 40.2 inches per year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 46. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $12,131. ($5,691 = national average)

Data reported through 10/12/2016

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Ask a local expert about this area:
Hunt ERA
Snapped 1 home in this area
CMK & Associates Real Estate
Snapped 1 home in this area

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